After 42 years on the Tech CU Board, Lloyd Kohn has decided to retire. He has been an active and committed board member over the years — having spent several terms as Chairman and Vice Chairman of the Board. He also served on the Finance, Site Selection and Employee Pension committees. eMoney sat down to chat with Lloyd about his many years of service and his fondest memories.
I was working for Fairchild in 1960 when Tech CU was started. (At that time it was called Fairchild Semiconductor Federal Credit Union). I was asked to interview candidates to run the credit union and as a result recommended the hiring of our first CEO. I was also assigned various check and balance responsibilities, which were later assumed by the Supervisory Committee.
We were able to grow Tech CU from a one-company credit union into a financial organization that serves many companies throughout Silicon Valley. We have experienced tremendous growth, are strong financially and have a very good reputation with our members. It has been an incredibly exciting time.
I have my own company called D & L Management, which manages homeowners associations. I have plenty to do and enjoy keeping busy. This is simply a new phase where I can focus on other things.
We will miss Lloyd and thank him for his many years of guidance and service.
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More than fifty years ago, forward-thinking high-tech employees at Fairchild Semiconductor knew there was a better way to bank.